Thanks afternoon crew. End-of-day summary: The share market...

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    Thanks afternoon crew.

    End-of-day summary:

    The share market finished fractionally lower for the week despite a modest rebound this session from two days of selling.


    A rebound in energy producers and gains for utilities, property stocks and some of the major banks and miners helped the ASX 200 rally 12 points or 0.17% this afternoon. For the week, the index dipped nine points or roughly 0.1%.

    A week that began with two straight gains started to unravel when the RBA made it clear additional interest rate hikes are still on the table. The odds on a February hike jumped above 50% after Governor Michele Bullock gave a hawkish speech warning that inflation remained too high and was largely being driven by domestic demand.

    Today's rebound was encouraged by modest gains in European stocks while Wall Street was closed for Thanksgiving. The pan-European Stoxx 600 crept up 0.27%. S&P 500 futures edged up 0.05% ahead of the resumption of trade tonight.
 
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